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    Key features

    • Of interest to investors and developers
    • Two freehold mixed use buildings
    • Two retail units one vacant one let at £10,000 pa
    • Two large self-contained flats over the first and second floors
    • Rear single storey workshop
    • Investment / development opportunity subject to consents
    • In the same family ownership for 40 years
    • Part vacant

    Description

    Two traditional brick built three storey (plus basement) terraced buildings with a pitched and tile covered roof. To the rear is a brick built single storey building used as a workshop / store. There is a rear pedestrian access.

    Joint Agents

    Grey Fox 01634 963500

    Additional information

    Tenure

    Freehold

    Accommodation

    10 High Street

    Ground floor shop - Previously a hair salon. Main retail area, rear store and WC.

    Basement - Self-contained treatment room and kitchen / staff room.

    Approximate area 1,117 sq ft (103.8 sq m)

    10a High Street

    First and second floors - Two double bedrooms, two reception rooms, Kitchen, bathroom/wc

    Access to rear patio area.

    Approximate area 936 sq ft (87sq m)


    12 High Street

    Ground floor shop – Let as nail bar in front retail area, with foot spa behind, preparation area and WC to rear.

    Basement – Two treatment rooms to front and rear.  

    Approximate area 810 sq ft (75.3 sq m)

    12a High Street

    First and second floors - Two bedrooms, reception room, Kitchen/Diner, bathroom/wc

    Approximate area 775 sq ft (72 sq m)


    Outside - Rear patio area with single storey outbuilding/workshop and small yard.

    Approx. Area 700 sq ft (65 sq m)


    Note: Both flats are fully furnished and the Hair Salon is fully equipped and furnished as such. All above furnishings, fixtures

    and fittings to be included in sale 

    Tenancy

    The ground floor retail unit at number 12 is trading as a nail bar let on a 10 year lease commencing January 2022 at a rental of £10,000 per annum. There is a break at year 5.

    Previously fully let at £38,160 the open market rental value is now considered to be in the region of £44,300 per annum - interested parties must rely on their own enquiries in this regard.

    Planning

    It is considered that there may be potential for development - possibly an increase in the number of residential units to the ground floor rear - subject to the necessary consents.

    Rent

    £10,000 per annum with two flats and one shop vacant.
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      All viewings at this property have now taken place prior to the auction. For further information on the property please download the legal pack or email the property contact.

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      No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

      No set viewings will be available on this property prior to auction due to safety concerns within the property. Please refer to the legal pack for further information.

      There are no formal viewings for this property. You can visit during commercial trading hours as a customer.

      Local information

      Brompton is a suburb situated between Chatham and Gillingham

      Situated to the west side of High Street close to its junction with Westcourt Street

      Neighbouring occupiers are mainly local which include a nail salon, café, convenience stores, fast food takeaways and a pub, offices for local charities and a framing shop.

      The rest of the area is residential and this High Street tends to serve the local community’s daily needs, with on street parking and bus service between Gillingham and Chatham. 

      Transport

      Chatham Station - National Rail

      Legal documents

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      EPC rating

      If no EPC rating appears please refer to the legal pack.

      Guide prices and common auction conditions

      •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

      •The reserve price is the minimum price at which the property can be sold.

      •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

      •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

      Please note that all prices listed, whether prior to or post auction, are subject to contract.

      The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

      The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

      Addendums